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Dow Jones: Technicals scream ‘buy'

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Content: The technical indicators in the DJIA remain on the 'buy' bandwagon, but the US market equity index has seen its share of false signals in the past. We look at the possible trend ahead in the Dow Jones. Momentum: MACD: Positive RSI: Neutral Trend Stochastic: Buy Daily Price Action Trend: Negative Last relevant high: 16,485.8 Last relevant low: 15,503.0 Comment: Oil rallied Friday and helped drag the Dow higher (which in turn helped lift all major markets), not to look like we are

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